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FAM
Fred Alger Management Portfolio holdings
AUM
$22.8B
1-Year Est. Return
64.63%
This Fund
S&P 500
This Quarter
Est. Return
+6.54%
1 Year Est. Return
+64.63%
3 Year Est. Return
+243.99%
5 Year Est. Return
+318.3%
10 Year Est. Return
+1,899.64%
AUM
$39.9B
AUM Growth
-$2.02B
(-4.8%)
Cap. Flow
-$2.29B
Cap. Flow
% of AUM
-5.73%
Top 10 Holdings %
Top 10 Hldgs %
26.92%
Holding
574
New
62
Increased
186
Reduced
225
Closed
67
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marqeta
MQ
|
+$308M |
| 2 |
Micron Technology
MU
|
+$247M |
| 3 |
Shopify
SHOP
|
+$246M |
| 4 |
AbbVie
ABBV
|
+$209M |
| 5 |
Unity
U
|
+$199M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$532M |
| 2 |
Upstart Holdings
UPST
|
+$307M |
| 3 |
Adobe
ADBE
|
+$301M |
| 4 |
Paylocity
PCTY
|
+$242M |
| 5 |
Tesla
TSLA
|
+$235M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.72% |
| 2 | Healthcare | 19.41% |
| 3 | Consumer Discretionary | 15.01% |
| 4 | Industrials | 10.39% |
| 5 | Communication Services | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $2.51B | 6.29% |
7,461,948
-547,233
| -7% | -$177M |
|
2
Amazon
AMZN
$2.51T
| $1.7B | 4.26% |
10,191,780
-954,600
| -9% | -$163M |
|
3
Apple
AAPL
$4.72T
| $1.33B | 3.34% |
7,507,174
-500,759
| -6% | -$79.1M |
|
4
Alphabet (Google) Class C
GOOG
$3.89T
| $1.19B | 2.98% |
8,215,960
-1,264,780
| -13% | -$183M |
|
5
NVIDIA
NVDA
$5.06T
| $846M | 2.12% |
28,775,530
+5,448,200
| +23% | +$150M |
|
|
6
Tesla
TSLA
$1.26T
| $747M | 1.87% |
2,121,288
-701,766
| -25% | -$235M |
|
7
Natera
NTRA
$37.9B
| $636M | 1.59% |
6,805,028
-133,827
| -2% | -$13.9M |
|
|
8
Shopify
SHOP
$145B
| $624M | 1.56% |
4,528,710
+1,681,460
| +59% | +$246M |
|
9
Qualcomm
QCOM
$180B
| $591M | 1.48% |
3,232,888
+835,515
| +35% | +$134M |
|
10
Applied Materials
AMAT
$447B
| $570M | 1.43% |
3,625,097
+962,277
| +36% | +$139M |
|
11
Advanced Micro Devices
AMD
$880B
| $553M | 1.39% |
3,846,142
+269,698
| +8% | +$36.3M |
|
|
12
Adobe
ADBE
$84.3B
| $541M | 1.35% |
953,199
-482,254
| -34% | -$301M |
|
13
Danaher
DHR
$135B
| $513M | 1.28% |
1,757,876
-46,640
| -3% | -$12.8M |
|
14
MGM Resorts International
MGM
$11.5B
| $505M | 1.26% |
11,246,543
+2,102,096
| +23% | +$94.4M |
|
15
Bio-Techne
TECH
$11.2B
| $497M | 1.25% |
3,846,132
+47,728
| +1% | +$5.85M |
|
16
Intuit
INTU
$77B
| $486M | 1.22% |
755,662
+116,990
| +18% | +$72.2M |
|
17
UnitedHealth
UNH
$385B
| $467M | 1.17% |
930,355
+339,109
| +57% | +$154M |
|
|
SBNY
18
DELISTED
Signature Bank
SBNY
| $465M | 1.17% |
1,437,803
-285,134
| -17% | -$88.9M |
|
19
Capri Holdings
CPRI
$1.78B
| $436M | 1.09% |
6,710,859
+652,646
| +11% | +$38.6M |
|
20
PayPal
PYPL
$49.4B
| $418M | 1.05% |
2,217,260
-292,939
| -12% | -$63.4M |
|
21
TransDigm Group
TDG
$67.9B
| $392M | 0.98% |
616,018
+121,708
| +25% | +$76.2M |
|
22
Eaton
ETN
$161B
| $359M | 0.9% |
2,078,472
+1,170,721
| +129% | +$194M |
|
|
23
Micron Technology
MU
$1.12T
| $353M | 0.88% |
3,791,250
+3,166,272
| +507% | +$247M |
|
24
S&P Global
SPGI
$124B
| $352M | 0.88% |
745,534
+72,320
| +11% | +$33.1M |
|
25
Repligen
RGEN
$7.76B
| $323M | 0.81% |
1,218,642
-355,356
| -23% | -$95.7M |
|
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Fred Alger Management's Q4 2021 Portfolio in Review
As of Q4 2021, Fred Alger Management held 574 positions worth $39.9B, down 4.8% from $41.9B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Fred Alger Management withdrew a net $2.29B in Q4 2021, closing 67 positions and reducing 225 holdings. Its most notable exit was Novavax, an estimated $129M position sold in full.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 35% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Fred Alger Management opened a new position in Airbnb worth $186M.
- Fred Alger Management's largest Q4 2021 buy was Airbnb: 1,118,759 shares worth $186M.
- Fred Alger Management added most to Marqeta in Q4 2021, an estimated $308M increase.
- Fred Alger Management's biggest Q4 2021 reduction was Visa, cutting an estimated $532M.
- Fred Alger Management fully exited Novavax in Q4 2021, selling an estimated $129M.
- Fred Alger Management's ten largest holdings make up 27% of its $39.9B portfolio in Q4 2021.
- Fred Alger Management opened 62 new positions and closed 67 in Q4 2021.
- Fred Alger Management's portfolio value fell 4.8% quarter-over-quarter to $39.9B.
Based on Fred Alger Management's 13F filing for Q4 2021, filed 14 Feb 2022.